The 2025 Annual Statistical Review shows that Prince Edward Island had the second fastest growing provincial economy in the country last year, with real GDP increasing by 2.8 per cent. PEI has exceeded national growth in 10 of the last 11 years, in large part due to the hard work...
The provincial government is providing the Island Essentials Benefit (IEB) to eligible Islanders and most who qualify will receive their first payment in early July. Single Islanders with a net income of up to $126,000, and couples or single parents with a net income of up to...
A new rural ride-share pilot program will increase the availability of local evening and late-night transportation options in rural communities across PEI. The Kari Rural Ride-Share Pilot Program, delivered in partnership with the PEI Liquor Control Commission (PEILCC), aims to...
The 2026 Prince Edward Island property tax notices have been mailed and should reach property owners within the next few days. The first payment is due May 31. Property owners are asked to do three things when they receive their notice: Mark payment dates on their calendar to...
Today, Minister of Finance and Affordability Jill Burridge tabled the Government of Prince Edward Island’s 2026-27 operating budget in the Legislative Assembly. This budget reflects the choices needed to focus on what matters most, delivering direct relief to Islanders...
The Government of Prince Edward Island is providing updated context for its approach to provincial debt and outlining a new advisory committee to be established. The core fiscal anchors supporting the approach include targeting a net-debt-to-GDP ratio of less than 40 per cent and...
Changes to personal income tax rates that took effect January 1, 2026, will help Islanders keep an estimated $20 million more of their money this calendar year. Some of the tax changes that came into effect include increases to the following: basic personal amount up from $14,250...
The Government of Prince Edward Island has released its second quarter Fiscal and Economic Update for the 2025-2026 fiscal year. The update reflects increased expenditures in several key areas: Agricultural insurance claims related to extreme weather, healthcare delivery costs...
Island residents are reminded of their opportunity to participate in pre-budget consultations for the 2026-2027 provincial operating budget. Residents can submit their thoughts and ideas via: Email budgetsubmissions@gov.pe.ca, or Online survey in English or in French The deadline...
The Government of Prince Edward Island has directed PEI Liquor Control Commission (PEILCC) to place the existing inventory of American alcohol on shelves Dec. 11 with the net profit to be donated to food banks across the Island. The provincial government anticipates that...